Speaking of ‘Stupid Things’: Senate Blocks Jobs Bill

Oh, the irony. As Defense Secretary Robert Gates was on Capitol Hill today telling a Senate appropriations subcommittee that Congress has to approve a $33 billion supplemental war funding request by July 4 or else “we begin to have to do stupid things,” the Senate did an incredibly stupid thing itself: By a vote of […]

Frank and Franken: The Gentleman From Massachusetts Wins One For Wall Street

It was a fight to the finish between two heavyweight contenders. In this corner, representing the big Wall Street interests and wearing green trunks the color of money, Representative Barney Frank of Massachusetts. And in this corner, representing common sense and the American people, wearing red, white, and blue trunks, Sen. Al Franken of Minnesota. […]

The Jobs Deficit: What Can Be Done Now

In his column concerning last month’s jobs number, George Will does a nearly "Noonan-eque" job of spreading disorientation and doubt about what government should do— if anything — about chronic unemployment, delivering a simple-but-subtle message: Nothing can be done. Of course, that’s true. There’s a lot that can and should be done, immediately, to address […]

No Clear Rallying Cry From Obama? Too Bad. Get To Work.

As you can see in today’s Progressive Breakfast, interpretations of the President’s speech ranged widely. Carbon cap is dead. Or alive. Serious push for other clean energy standards and investments. Or desire to take anything they can get. Pragmatic. Or cop-out. The fact that the speech can be interpreted so many different ways is part […]

New Studies Bolster Case For Climate Bill, In Advance Of Oval Office Address

Hours before the President will address the nation about the need to end our dependence on fossil fuels, two new studies bolstered the case for the Kerry-Lieberman American Power Act, the comprehensive climate protection and clean energy jobs bill. The Environmental Protection Agency released its official analysis and found, according to the Kerry-Lieberman press release […]

The Oval Office Address: Will The President Go For A “Price On Carbon”?

It is rare for a President to deliver an Oval Office address on a subject that is not related to war. When a President does so, he signals to the nation that the problem at hand is not only of the utmost importance, but requires the nation to come together to fix it. This does […]

Obama’s Speech – The Carter Context

“The moral equivalent of war.” Tonight President Obama will talk about the Gulf oil catastrophe, and, hopefully, overall energy and climate policy. A look back at President Carter’s fight over energy brings some context to this situation. On April 18, 1977, 33 years ago, President Jimmy Carter gave a White House speech on energy and […]

Liveblogging The Wall Street Reform Conference Committee

5:15 It is generally bad news that Barney Frank is backing this effort to gut the Franken amendment. That’s the only serious reform effort on the table today, and for Frank to be coming out against it implies that he’s much more willing to do Wall Street’s dirty work in the conference committee than his […]